In this new era of low interest rates, the issue of expenses charged by investment managers should be looked at afresh. You might say what's the connection? What do interest rates have to do with mutual fund expenses?
Those who run mutual funds, ULIPs and other such investment products will sit up in alarm wondering what fresh trouble I'm trying to foment for them.
However, if you think through the maths of investment management fees, then the connection becomes quite clear.
